Bloomberg Beta participated in a series A round that lifted the coding platform developer’s total funding to $26m.
Month: February 2021
Promise navigates to $20m
The Bumble and Roc Nation-backed bill payment platform developer secured series A cash that pushed its overall funding to about $30m.
Ikea unpacks Ikano Bank deal
Ikea holding company Ingka Investments is paying an undisclosed sum for a 49% stake in financial services provider Ikano.
Corporate venturing deal net: 15-19 February 2021
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Join us on Clubhouse
You can join our Clubhouse room today at 9am Pacific time (5pm UK, 6pm Europe) for the inside of how we select the news and record our Global Venturing Review podcast.
Xingsheng Youxuan pockets $2bn
Tencent has backed another round for the bulk grocery shopping service, which also attracted China Evergrande Group and valued Xingsheng at $6bn pre-money.
Humacyte hooks into Alpha Healthcare
Fresenius Medical Care and Access Industries-backed Humacyte will merge with Alpha Healthcare Acquisition Corp to become a public business with a market cap of $1.1bn.
CrowdStrike captures Humio for $400m
Dell is celebrating an exit as Humio agreed to a $400m acquisition by CrowdStrike, less than a year after Dell led a $20m series B round for the cybersecurity company.
Adjuvant stimulates $300m fund
Merck and Novartis joined a host of philanthropic and state-backed entities for a $300m fund that will invest in medical technologies for conditions often ignored by venture capital.
Kakao Mobility hails Carlyle for $200m
Kakao’s ride hailing spinoff Kakao Mobility has received $200m from Carlyle Group.
Blockchain.com computes $120m round
GV returned for a $120m raised by Blockchain.com and was joined by Access Industries, days after cryptocurrency Bitcoin broke through $50,000 for the first time.
TigerGraph charts course to $105m
Tiger Global has led a series C round for TigerGraph, which has now raised more than $170m altogether from backers also including Ant Financial, Baidu and SIG.
Copado transforms $96m into series B
The DevOps platform provider has raised $117m to date after Salesforce Ventures and Insight Partners co-led its latest funding round.
Descomplica solves $84.5m round
SoftBank has thrown its weight behind edtech developer Descomplica by co-leading an $84.5m round with Invus Opportunities.